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πŸ“£ Justin Sun, TRON founder: "I am impressed by Ben Zhou's crisis management, as he remains calm and composed in a complex environment. The entire crypto industry should unite to combat the increasingly sophisticated techniques of hackers".

πŸ”„ Earlier: Bybit was hacked.

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πŸ‘101❀33πŸ”₯16πŸ’―12
πŸ’² Tether just froze 181K USDT connected to the Bybit hack

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πŸ‘139❀41πŸ”₯22πŸ’―14
⭐️ Key info after the Bybit hack:

1. Arkham created and funded a bounty to help identify the person or organization behind Bybit hack.

2. Bybit has launched a $140M Recovery Bounty Program, offering incentives to experts who help track and retrieve stolen assets.

3. Bybit has seen total outflows of over $5.5 Billion.

4. JAN3 CEO and BitMEX CEO push for Ethereum rollback.

5. Binance and Bitget transferred over 50,000 ETH to Bybit's cold wallets.

6. This hack was the largest crypto heist in history.

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πŸ‘115πŸ”₯45❀29πŸ’―11
Just News
JAN3 CEO and BitMEX CEO push for Ethereum rollback.
❕ Ethereum rollback considered technically impossible

Core developer Tim Beiko states that rolling back ETH is technically intractable. The Bybit hack followed protocol rules, making reversal unfeasible. A rollback would lead to significant disruptions in DeFi and bridges.

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πŸ”₯52πŸ‘46❀12πŸ’―8
πŸ”₯ 560,000,000 crypto owners exist worldwide.

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πŸ‘116πŸ”₯52❀29πŸ’―13
⚑️ Bybit CEO: "Bybit has already fully closed the ETH gap"

πŸ”„ Earlier: $1.4B hack.

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πŸ”₯94πŸ‘59❀29
πŸͺ™ Strategyβ‚Ώ completes $2B offering of 0% convertible senior notes due 2030

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πŸ‘56❀13πŸ”₯9
⭐️ 499,096 BTC is now held by Strategyβ‚Ώ.

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πŸ”₯51πŸ‘26❀21πŸ’―9
πŸ”₯ SEC has closed its investigation into the Robinhood exchange

πŸ”„ Earlier: Coinbase.

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⚑️ The Dubai Financial Services Authority has officially approved USDC and EURC as recognized crypto tokens

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πŸ‘69πŸ”₯26❀21
⚠️ Arkham: Bybit hacker is manually laundering funds

πŸ”„ Earlier: Tether froze 181K USDT connected to the Bybit hack.

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❀68πŸ‘55πŸ”₯31
❕ OKX fined for unlicensed transactions

OKX pleaded guilty to processing over $1 trillion in transactions for US customers without a license and will pay $504 million in penalties.

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πŸ‘94πŸ’―30❀12πŸ”₯3
πŸ”½ Sharp Fall: #BTC from $96K to $89,355
πŸͺ™ Now trading: $89,900

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πŸ‘52πŸ”₯8πŸ’―7❀6
πŸ“£ Ki Young Ju, CryptoQuant CEO: "The era of everything pumping is over. It’s a selective altseason β€” most altcoins won’t make it".

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πŸ‘74❀31πŸ”₯14πŸ’―2
⚑️ Chainflip blocks Bybit hackers with emergency upgrade

πŸ”„ Earlier: Money laundering.

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❀40πŸ‘27πŸ”₯22πŸ’―3
πŸ’² Tron to launch "Gas Free" feature for Tether USDT next week

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5πŸ‘86πŸ”₯33❀15πŸ’―2
πŸ”₯ Bybit CEO launched the "industry-first bounty site" against Lazarus

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πŸ”₯67πŸ‘44❀7πŸ’―6
πŸ”₯ SEC has closed its investigation into the Uniswap Labs

πŸ”„ Earlier: Robinhood.

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⭐️ PayPal plans to expand the integration of its stablecoin

By the end of the year, the company aims to allow over 20 million small and medium-sized merchants to accept PYUSD as a payment method.

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πŸ‘69πŸ”₯21❀13
πŸ”½ 3,000,000 BTC are sitting at a loss by short-term holders β€” highest amount since 2018.

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πŸ‘59❀17πŸ”₯15